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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Finding the Thai Baht exchange rates today in Hosur used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Thai Baht exchange rates today in Hosur to exchange currency. BookMyForex also allows you to lock-in the live Thai Baht exchange rates today in Hosur to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as ?today?s THB rate in Hosur?, which is not really the rate at which currency is exchanged. Through the practice of ?today?s THB rate in Hosur? the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Thai Bahts are traded electronically worldwide. So the concept of ?today?s THB rate in Hosur? is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company?s offerings of forex and related services are already available across the country and include currency exchange, THB currency notes, THB forex cards, THB traveler?s cheques or remittance products such as THB demand drafts and THB wire transfers.Orders are delivered at our own branches or at all Axis Bank and ING Vysya Bank branches, which are our PAN India banking partners.
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